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Homework: Week Four: Chapter 10 exercises Save Score: 0 of 1 pt 2 of 5 (0 complete) HW Score: 0%, 0 of 7 pts EF10-18

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Homework: Week Four: Chapter 10 exercises Save Score: 0 of 1 pt 2 of 5 (0 complete) HW Score: 0%, 0 of 7 pts EF10-18 (similar to) Question Help Westwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: Click the icon to view the values.) Westwood paid $265.000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout . (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and explanation Debit Credit Data Table Lot Lot 1 Lot 2 Lot 3 Appraised Value $ 102,500 184,500 123,000 Print Done

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